Post
Topic
Board Service Discussion
Re: Esoteric Investments, LLC (up to 1% earnings)
by
Aahzman
on 11/11/2014, 18:06:47 UTC
Why would it take so long to liquidate the funds? they had people trading 24/7 and never lost money, it should be ridiculously easy to get all that money back to send back out.

Because, apparently, they're doing their investors a favor by returning their deposits early at ALL, instead of making them wait the full 90 days for shares to mature. As soon as they were informed they were in fact operating in violation of the Securities Act, they should have immediately cancelled all shares and credited the investors back.  The fact that they feel the need to go through some sham of having to "liquidate" assets suggests they haven't got the capital to cover deposits. And of course, anybody calling them on this bullshit is being insulted and abused. Because that's the way to endear yourself to people who gave you money to play with and whom you might want to support your new fly-by-night shitcoin. TwerkCoin? TwatCoin? FleekCoin?